NKEL

AXS 2X NKE Bull Daily ETF
*Unless otherwise stated, data provided by FactSet.

NKEL Fund Description

NKEL provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Nike stock.

NKEL Factset Analytics Insight

NKEL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Nike stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

PERFORMANCE [as of 08/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NKEL -- -- -- -- -- -- --
NKEL (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NKEL Summary Data

07/14/22
Open-Ended Fund
1.15%
$1.81M
0.43%
N/A

NKEL Portfolio Data

--
N/A

NKEL Index Data

No Underlying Index
Single Asset
Single Asset
N/A

NKEL Fund Structure

No
--
-- / --
N/A
N/A
Low
2
Daily

NKEL Tax Exposures

20.00% / 39.60%
--
No

NKEL Factset Analytics Block Liquidity

As of 08/15/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NKEL. NKEL is rated a N/A out of 5.

NKEL Tradability

1,171
$31.75K
565
$16.88K
0.43%
$0.14
0.02%
9.07% / -2.77%
None
--
--
--
--
--
1
$37.43
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.